Kazakhstan’s economy has doubled in the past five years and, after an impressive 9.3% last year, new central bank governor Anvar Saidenov expects it will grow between 7% and 7.5% next year. Other analysts, however, see no reason why last year’s performance cannot be sustained.
Eleven years after a chaotic independence, Kazakhstan surpassed its independence-level GDP to reach 6% by 2003, Mr Saidenov says. Since 2002, it has been a net creditor to the world.
